The Psychology of Money: An Investment Manager's Guide to Beating the Market

The Psychology of Money: An Investment Manager's Guide to Beating the Market

by Jim Ware
The Psychology of Money: An Investment Manager's Guide to Beating the Market

The Psychology of Money: An Investment Manager's Guide to Beating the Market

by Jim Ware

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Overview

In a diverse investing climate, investors are always searching for the winning strategy. And with today’s volatile markets and increasingly savvy individual investors and clients, there is exceptional pressure on professional money managers to be more creative than ever before. Unfortunately, despite the wealth of information on techniques and strategies, there has been little innovative guidance for finance professionals—until now.

In The Psychology of Money, financial analyst Jim Ware approaches this crucial topic from a new angle, drawing on both the tools offered by Jungian psychology and his own substantial business experience to present an alternative to trendy strategizing. This eye-opening book reveals how determining one’s "investment personality type" can provide a fuller understanding of how to best approach and react to the intricacies of the market–and, ultimately, profit from them.

Using the Myers-Briggs Typology, a psychological test based on Jungian theory, Ware explains the basic investment personality types and how to use them to identify optimum investing styles. He also provides an intriguing and illuminating examination of the traits of master investors. Professionals will not only learn what their own style should be but understand the value of combining intuition with logic, and of creative collaboration among various personality types to earn the highest returns for their clients.


Product Details

ISBN-13: 9781118337028
Publisher: Wiley
Publication date: 01/19/2012
Sold by: JOHN WILEY & SONS
Format: eBook
Pages: 276
File size: 1 MB

About the Author

JIM WARE is a chartered financial analyst who has been a research analyst and portfolio manager for Allstate Insurance Company. He has also delivered speeches on the connection between creativity and business for audiences around the world, including the Association for Investment Management and Research. A dynamic speaker, he incorporates his knowledge of Jungian psychology into his substantial business background. He has a degree in philosophy and an MBA in finance from the University of Chicago.

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Table of Contents

THE INVESTOR: PSYCHOLOGICAL TRAITS OF THE MASTERS.
Investment Masters: The Quintet.
The Eight Great Traits.
Secrets of the Masters: Complexity.
Self-Diagnosis.
Strengthening One's Abilities: Drop and Give Me 50.
The Ideal Investment Personality.
The Typical Investment Personality.
THE INVESTMENT TEAM: COLLABORATIVE TECHNIQUES.
Teamwork Today?
Golden Gloves or Golden Rules?
Tools for Investment Teams.
Case History: Collaboration for a Money Management Team.
Temperaments and Teams: Implications for the Markets.
Temperament and Client Service.
THE CREATIVE INVESTMENT TEAM: TOOLS FOR ENHANCING CREATIVITY.
Brainstorming for the Masses.
The Creative Investor: Taming the Critics.
Creating a Safe Place.
Guidelines for Safety.
"A" Is for Assume Nothing.
"C" Is for Change Gears.
"R" Is for Risking Discomfort.
"O" Is for Omit Either/Or Thinking.
"B" Is for Borrow from Other Disciplines.
"A" Is for Ask for Help.
"T" Is for Tools and Techniques.
Getting Personal.
THE INTUITIVE INVESTOR: WHOLE-BRAINED INVESTING.
Quantum Investing.
Waves and/or Particles.
The Case for Intuition.
Operating on All Cylinders.
Index.
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